JPMorgan Chase bank policy rollback on de-banking conservatives and nonprofit groups

JPMorgan Chase bank has rolled back a policy that led to the de-banking of several conservatives and nonprofit groups after facing criticism from Alliance Defending Freedom. The bank's WePay service had restrictions on accepting payments related to 'social risk issues.' Despite progress, ADF believes Chase still has work to do in terms of viewpoint diversity.

JPMorgan Chase WePay Policy Rollback

JPMorgan Chase rolls back its WePay service policy that discriminated against conservative individuals and nonprofit organizations, causing them to be de-banked. The Alliance for Defending Freedom (ADF) praises the bank for eliminating the controversial policy.

Bank of America facing boycott over alleged account closures based on political views

Bank of America is facing calls for a boycott over allegations of closing accounts based on customers' political views. The bank denies engaging in 'de-banking' due to religious or political beliefs.

De-banking of John Eastman

John Eastman, an attorney for former President Donald Trump, was "de-banked" by Bank of America and USAA due to backlash for his work advising Trump during the 2020 election. De-banking is a phenomenon where financial institutions refuse service to targets of political activism, often conservatives. Eastman faced challenges and backlash following the 2020 election, including being de-banked and facing ethics violations. Many state attorneys general criticized the de-banking trend, calling it unacceptable and potentially a violation of state and federal law.

Republican-led States Demand Explanation from Bank of America for Allegedly De-Banking Christian and Conservative Groups

A group of Republican-led states are sending a letter to Bank of America demanding an explanation for allegedly de-banking Christian and conservative groups. Bank of America sent private financial data to federal officials to investigate crimes related to the January 6 Capitol protest. The bank denies discriminating based on religious beliefs.